Posted By Paul Flannery On February 28, 2011 @ 5:20 pm In General | 7 Comments

In a mild surprise, the Knicks are working on a buyout with Corey Brewer[1], per ESPN’s Marc Stein[2], presumably to make room for Jared Jeffries[3] once he clears waivers. Stein has the Celtics[4] in the mix for Brewer’s services, along with the Thunder, Spurs and Mavericks.

Players have to be placed on waivers by the end of Tuesday to be eligible for another team’s playoff roster. Once a player is bought out of his contract, he must be placed on waivers. The waiver period is 48 hours. If no one claims him, Brewer will become a free agent and can sign anywhere for the veterans minimum.

As part of the Florida team that won back-to-back national championships, and later as a lottery pick, Brewer carries solid name recognition. But in four years in the NBA he has proved to be a limited offensive player. Brewer is a 40 percent shooter from the floor and a 41 percent shooter from 3-point range. He’ll also turn 25 this week, so there’s much development time left for him. Still, he’s an athletic 6-foot-9 and has value as a wing defender.